Balance at February 28 | $ 2,600.00 | |||
Add: | Cash Disbursements | $ 9,400.00 | ||
Less: | Cash Receipts | $ 7,900.00 | ||
Balance at February 1 | $4,100.00 |
During the month of February, Victor Services had cash receipts of $7,900 and cash disbursements of...
During the month of February, Victor Services had cash receipts of $7,700 and cash disbursements of $9,000. The February 28 cash balance was $2,200. What was the February 1 beginning cash balance?
During the month of February, Hoffer Company had cash receipts of $7,800 and cash disbursements of $8,950. The February 28 cash balance was $1,900. What was the January 31 beginning cash balance? Multiple Choice О O $3,050 $1,150 O $0 $750 O $4,200 The following transactions occurred during July: a. Received $1,300 cash for services provided to a customer during July. b. Received $2,600 cash investment from Barbara Hanson, the owner of the business. c. Received $950 from a customer...
6 During the month of February, Rubio Services had cash receipt of 57600 and cash disbursements of $8.00 The February 28 cash balance was $2.000 What was the February beginning cash balance 1 34300 5300 O 53200 30 o 51200
Trimble Graphic Design receives $1,850 from a client billed in a previous month for services provided. Which of the following general journal entries will Trimble Graphic Design make to record this transaction? During the month of February, Victor Services had cash receipts of $7,700 and cash disbursements of $9,000. T February 28 cash balance was $2,200. What was the February 1 beginning cash balance?
Prepare Cash Budget For 3 Months Windsor Corporation expects the following cash receipts and disbursements during the first quarter of 2016 (receipts exclude new borrowings and disbursements exclude interest payments on borrowings since January 1, 2016) January February March Cash receipts $420,000 $430,000 $390,000 Cash disbursements 380,000 510,000 410,000 The expected cash balance at January 1, 2016, is $65,000. Windsor wants to maintain a cash balance at the end of each month of at least $50,000. Short-term borrowings at 1%...
In 2017 Vaughn Manufacturing had cash receipts of $35700 and cash disbursements of $20400. Vaughn's ending cash balance at December 31, 2017 was $66300. What waſ Vaughn's beginning cash balance? $81600 $86700 O $51000 O $61200
In 2007 Bombay Corporation had cash receipts of $21,000 and cash disbursements of $12,000. Their ending cash balance at December 31, 2007 was $33,000. What was their beginning cash balance? $24,000 $30,000 $45,000 $42,000
Primative Company is preparing a cash budget for February. The company has $11,600 cash at the beginning of February and anticipates $30,400 in cash receipts and $35,300 in cash disbursements during February. Primative Company has an agreement with its credit union to maintain a cash balance of no less than $10,000. As of January 31, the company owes $15,000 to the credit union. To maintain the $10,000 agreed to balance, during February the company must: Multiple Choice 0 Repay $6,700....
Current Attempt in Progress In 2022, Bramble Corp. had cash receipts of $54880 and cash disbursements of $31360. Bramble's cash balance at December 31, 2022 was $76440. What was Bramble's January 1, 2022 cash balance? O $52920 O $99960 O $68600 O $107800 View Policies Current Attempt in Progress In 2022, Sheridan Company had cash receipts of $29400, including additional owner investments of $10,000, and cash disbursements of $16800. Sheridan Company purchased equipment of $12,000 on account. Sheridan's cash balance...
Santos Co. is preparing a cash budget for February. The company has $10,000 cash at the beginning of February and anticipates $67,000 in cash receipts and $107.000 in cash disbursements duri the company borrow during February to maintain a $6,000 cash balance? The company has no loans outstanding on February 1 (Negative cash balances, if any, should be indicated with minus sign.) SANTOS CO. Cash Budget For Month Ended February 28 Beginning cash balance Total cash available Preliminary cash balance...